Go EAST Young Bindroid!
Almost every EU manufacturer has a plant in China, with Heidelberg being a prime example. But MBO is there also. What they are building is designed for this very large domestic market. It would be fair to say that the combined China-India-Asia print market is now the largest in the world. But the EU firms don't have an easy ride. There are hundreds of local Chinese manufacturers (like JMD) competing fiercely for the business. Still, the bindery is alive and well. It's just that much of it is now in China.